Shell wins appeal against landmark Dutch climate rulingUPDATE 2-Shell wins appeal against landmark Dutch climate ruling

Shell wins appeal against landmark Dutch climate rulingUPDATE 2-Shell wins appeal against landmark Dutch climate ruling
Shell wins appeal against landmark Dutch climate rulingUPDATE 2-Shell wins appeal against landmark Dutch climate ruling

Hello and welcome to the details of Shell wins appeal against landmark Dutch climate rulingUPDATE 2-Shell wins appeal against landmark Dutch climate ruling and now with the details

Nevin Al Sukari - Sana'a - The appeals court in The Hague dismissed the entire ruling, saying Shell was already on its way to meet required targets for its own emissions, and it was unclear if demands on it to reduce emissions caused by the use of its products would help the fight against climate change. — Reuters pic

AMSTERDAM, Nov 12 — A Dutch court today accepted Shell’s appeal against a landmark climate ruling, dismissing the order for the oil and gas company to sharply reduce emissions.

The original 2021 ruling ordered Shell to cut its absolute carbon emissions by 45 per cent by 2030 compared to 2019 levels, including those caused by the use of its products.

The appeals court in The Hague dismissed the ruling, although it said Shell has a responsibility to reduce greenhouse gas emissions to protect people from global warming.

It said Shell was already on its way to meet required targets for its own emissions, and it was unclear if demands to also reduce emissions caused by the use of its products would help the fight against climate change.

“Even though Shell bears a special responsibility as large oil and gas company, that does not mean we can apply a general reduction goal of 45 per cent,” presiding judge Carla Joustra said.

Shell Chief Executive Officer Wael Sawan welcomed the decision, saying Shell believed it was “the right one for the global energy transition, the Netherlands and our company”.

Shell shares traded down 0.2 per cent in Amsterdam early today, broadly in line with the wider index.

The ruling coincides with the COP29 U.N. climate summit in Baku, Azerbaijan, where building on a decision at last year’s talks to transition away from fossil fuels is set to be debated.

Climate activist group Friends of the Earth Netherlands, which brought the case in 2019, said it would continue its fight against large polluters.

“This hurts,” the group’s director Donald Pols said. “At the same time, this case has shown that large polluters are not above the law.”

Friends of the Earth did not say whether it would launch a further appeal at the Netherlands’ Supreme Court. — Reuters

These were the details of the news Shell wins appeal against landmark Dutch climate rulingUPDATE 2-Shell wins appeal against landmark Dutch climate ruling for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Driver detained after car plows into people exercising in Chinese city
NEXT Explainer: What legal grounds does the UN have to oppose Israel’s ban on UNRWA and what could it mean for Gaza?

Author Information

I am Jeff King and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Al-KhaleejToday.NET with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Financial” category. Address: 383 576 Gladwell Street Longview, TX 75604, USA Phone: (+1) 903-247-0907 Email: [email protected]